US Housing Agency Explores Crypto in Mortgage Qualifications
The US Federal Housing Finance Agency (FHFA) is reviewing the inclusion of cryptocurrency holdings, such as Bitcoin, in mortgage qualification assessments. This initiative could integrate digital assets into traditional finance, offering new opportunities for borrowers.
Breaking Down the Barriers
Previously, the SEC’s SAB 121 restricted banks from offering crypto-backed loans. Its rescission in January 2024 opened doors for financial innovation.
- Crypto-backed mortgages allow borrowing against digital assets.
- High collateralization requirements are common.
The Future of Crypto in Real Estate
Experts like Mauricio Di Bartolomeo highlight the growing use of crypto loans for real estate, without selling digital assets.
Source: Pulte
